Local bullion market gains track international price increases as investors continue to favor safe-haven assets
KARACHI, June 4, 2026 — Gold prices in Pakistan moved higher on Thursday, supported by gains in international bullion markets as investors continued to seek safe-haven assets amid global economic uncertainty.
According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola increased by Rs1,525 to Rs469,285, compared with the previous day’s closing rate of Rs467,760.
The price of 24-karat gold per 10 grams also rose by Rs1,305, reaching Rs402,335 against Rs401,030 recorded a day earlier.
Updated Gold Rates in Pakistan
| Gold Category | Price | Change |
| 24-Karat Gold (Per Tola) | Rs469,285 | + Rs1,525 |
| 24-Karat Gold (Per 10 Grams) | Rs402,335 | + Rs1,305 |
Market participants attributed the increase in local gold prices to a positive trend in international bullion markets, which remain the primary driver of domestic gold rates.
In the global market, gold prices rose by $14 per ounce to $4,668, compared with the previous session’s closing level of $4,654 per ounce.
Analysts said demand for safe-haven investments has remained strong as investors assess economic uncertainty, inflation concerns and volatility across global financial markets.
The increase follows a sharp decline in local gold prices a day earlier, highlighting the continued volatility in both domestic and international bullion markets.
Jewellers and bullion traders said future price movements will largely depend on international market trends, investor sentiment and fluctuations in the Pakistani rupee’s exchange rate against major foreign currencies.
Gold continues to be one of the most preferred investment and wealth-preservation assets in Pakistan, particularly during periods of economic uncertainty and financial market instability.
Investors, traders and consumers are closely monitoring bullion market developments as global economic conditions continue to influence precious metal prices.
